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Do homeowners prefer living in an area with a more equal distribution of income? We answer this question by estimating a semi-parametric hedonic pricing model for about 90,000 housing units transacted in Hong Kong between 2005 and 2006. We first identify a hedonic price function by locally...
Persistent link: https://www.econbiz.de/10015227969
The article presents the author's model of pricing at the housing market. Economic indicators according to which the analysis should be carried out are defined in this article. The analysis of prices at the housing market of CIS countries on the example of Moscow in the post-Soviet period is...
Persistent link: https://www.econbiz.de/10015231286
Ireland experienced a recent boom-bust cycle in the housing market. While the housing market in Ireland has been analysed at the national level there has been no research on the relationship between fundamentals and the housing market at the sub-national level. In this paper the spatial...
Persistent link: https://www.econbiz.de/10015243536
Cost of living in Hong Kong is among the highest in the world. This paper investigates the effect of tourist arrivals on the residential property market in Hong Kong. It is demonstrated that the soaring number of tourists from mainland China is pushing up property rents in Hong Kong. The...
Persistent link: https://www.econbiz.de/10015257007
The influence of the housing market bubble on U.S. business cycle dynamics during the previous decade has been well-documented. Yet, little if anything is known about how nonmetropolitan areas fared during the period. This study examines the association of regional housing market bubbles with...
Persistent link: https://www.econbiz.de/10015236072
This paper uses street-level data on house sales and crime rates for England and Wales to look at the existence of compensating differentials for crime risk. In terms of identification my strategy relies on the use of non-parametric regional time trends as well as various fixed effects to...
Persistent link: https://www.econbiz.de/10015236098
Neighborhood racial and class segregation continue to be major social problems within America’s metropolitan areas. Segregation has been linked to a whole host of racial and class inequalities, including access to jobs, schooling and single parenthood, and future earnings. One factor...
Persistent link: https://www.econbiz.de/10015263864
This empirical investigation applies a hedonic pricing model to determine whether property taxes have been capitalized into housing prices of single-family homes in city of St. Augustine, Florida housing market for single family homes. There were sufficient data in this context to study a total...
Persistent link: https://www.econbiz.de/10015242263
We employ two methodologies in order to identify groupings of cities and to analyse the factors which drive convergence in residential prices across Polish prime markets over the period 2007-2018. The Phillips and Sul (2007) methodology is used to identify convergence in primary residential...
Persistent link: https://www.econbiz.de/10015264368
We employ two methodologies in order to identify groupings of cities and to analyse the factors which drive convergence in residential prices across Polish prime markets over the period 2007-2018. The Phillips and Sul (2007) methodology is used to identify convergence in primary residential...
Persistent link: https://www.econbiz.de/10015264419